The official notice
Defect
VEHICLE DESCRIPTION: PASSENGER VEHICLES. THE HAND BRAKE RATCHET MECHANISM DID NOT RECEIVE THE PROPER HARDNESS TREATMENT OF THE RATCHET TEETH. AS A RESULT, THE RATCHET TEETH COULD BECOME DAMAGED.
Safety Risk
IF THE RATCHET MECHANISM TEETH BECOME DAMAGED, FAILURE OF THE HAND BRAKE TO OPERATE AS EXPECTED WOULD RESULT. IF THE PROBLEM EXISTED AND THE VEHICLE'S USE WAS CONTINUED, IT WOULD BE POSSIBLE THAT THE HAND BRAKE WOULD NOT FUNCTION AND COULD RESULT IN DAMAGE TO THE VEHICLE OR PROPERTY.
Remedy
DEALERS WILL INSPECT THE PRODUCTION CODE OF THE RATCHET MECHANISM AND, IF NECESSARY, REPLACE THE HAND BRAKE RATCHET MECHANISM. OWNER NOTIFICATION BEGAN JULY 20, 2001. OWNERS WHO TAKE THEIR VEHICLES TO AN AUTHORIZED DEALER ON AN AGREED UPON SERVICE DATE AND DO NOT RECEIVE THE FREE REMEDY WITHIN A REASONABLE TIME SHOULD CONTACT FERRARI AT 1-201-816-2600.